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Binance Users Reach 150 Million, CZ Reveals


Registered users of Binance have hit 150 million, the crypto exchange’s founder and CEO, Changpeng Zhao (CZ), announced on social media. The milestone has been reached despite increased regulatory pressure on the world’s largest trading platform for digital assets in the past few months. Crypto...

Coinbase Looking to Add Lightning Network Support


Coinbase, one of the largest U.S.-based cryptocurrency exchanges, is moving to add support for Lightning Network on its trading platform. Brian Armstrong, CEO of Coinbase, confirmed that the exchange was looking into the best ways to achieve this task, reaffirming his support for bitcoin payments....

Binance Obtains Dubai License to Provide Crypto Exchange Services


The world’s largest cryptocurrency exchange, Binance, has received a license to operate in Dubai as a regulated platform. The authorization will allow the crypto giant to offer exchange and other services for virtual assets to institutional and qualified retail investors. Dubai Virtual Assets...

Ethereum Price Set to Reach $2,500 by Year-End, Predicts Finder’s Panel


The price of ethereum (ETH), the world’s second-largest cryptocurrency by market cap, is anticipated to hit a high of $2.7K before settling at around $2.5K by the end of 2023, according to the latest report from Finder. The report is based on predictions by a panel of 29 cryptocurrency...

Binance Withdraws Its Crypto License Application in Germany


The world’s largest exchange for digital assets, Binance, has withdrawn its application for a German crypto custody license. The trading platform made it clear it’s not giving up on plans to eventually obtain authorization from the Federal Republic but wants its submission to better reflect...

Binance to Restore Full Services in Japan in August, CZ Unveils


Cryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced. The leading trading venue for digital assets reenters the Japanese market with a domestic exchange after announcing earlier it was discontinuing services through its global...

A $3.4 million attack hit ZkSync’s largest lender EraLend


‘EraLend,’ a leading Ethereum scaling blockchain lending protocol, has suffered a substantial loss of $3.4 million due to a recent security breach. An attacker exploits a vulnerability in EraLend’s smart contract code to withdraw more funds than authorized in a single transaction...

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